Search results

  1. BlueWaterSailor

    GE Is A Massive Bankruptcy, It's Bonds Are Up ?

    Ah. Not a source I have access to, then. Thanks for the info!
  2. BlueWaterSailor

    GE Is A Massive Bankruptcy, It's Bonds Are Up ?

    Out of curiosity - being promoted fairly widely where? I'm always trying to sort a tiny bit of grain from the incredible amounts of chaff in the financial media, and anything with even a tinge of the straight story is of interest. (Side comment: bleedin' hell, @destriero - you manage to pack an...
  3. BlueWaterSailor

    assignment risk on writing american options

    My point was that exercise in itself is essentially meaningless - your risk profile doesn't change much at the point where it happens. Whether you end up in profit or loss depends solely on the price movement; the conversion from a cash position to one in stock is immaterial. If you don't have...
  4. BlueWaterSailor

    assignment risk on writing american options

    Any time you write an option, you're open to assignment. Period. But it's not a "risk" unless you define profit as risk. Example from today: SPY @284.75 -280P 9/16, 5.25cr Let's see what would have happened if I got assigned on this the moment I sold it: 1) I get to keep the $525 without...
  5. BlueWaterSailor

    How bad can this option idea go? Billions in profit potential, but at what cost?

    If this is the average you're getting for 15 years of SPY returns, you'll need to recalculate. https://screener.fidelity.com/ftgw/etf/goto/snapshot/performance.jhtml?symbols=SPY
  6. BlueWaterSailor

    Earnings journal

    I tried to dig into it, but I've got too few sources that I consider trustworthy (and too many distractions today. Argh.) Looking at price movement in the last few minutes, seems like someone is dumping it, hard.
  7. BlueWaterSailor

    What would you tell your 18 year old self about trading/investments?

    For someone who is simple, yes, that would be a possible interpretation. For anyone who reads for context or comprehension, it wouldn't be. As I expected, you've slid right off into defending your wounded ego. I'll leave you to it; I'm sure you have more to say, but you'll be saying it to yourself.
  8. BlueWaterSailor

    What would you tell your 18 year old self about trading/investments?

    You're wrong - and worse, appear to be hunting for a way not to be wrong by trying to shift the onus to me. Admitting that you're wrong, correcting your false viewpoint - in this case, insisting that your life experience matters to someone else or even supercedes it - and learning not to do that...
  9. BlueWaterSailor

    What would you tell your 18 year old self about trading/investments?

    I won't go into all of your demonstrated damage, but your desperation in trying to project your psych issues on others makes you no longer worth talking to. B-bye! <plonk>
  10. BlueWaterSailor

    What would you tell your 18 year old self about trading/investments?

    I'm glad for your son. And I'm not saying that as some sarcastic rejoinder; I genuinely am glad when someone's relationships go right, or even start to (as in this case; you never know how it's going to turn out.) We humans can fuck up a wet dream, or a one-car funeral procession on the random...
  11. BlueWaterSailor

    What would you tell your 18 year old self about trading/investments?

    Hmm. You do have a point worth looking at, there. Let me see if I can refine it a bit: Standardization and routine in your trading make for the best trading environment. This does not require a boring lifestyle, in any way that I can see.
  12. BlueWaterSailor

    What would you tell your 18 year old self about trading/investments?

    You have a false assertion buried in there: that you have some "better" method for discovering those women. I would make a very large bet that you don't. And, again: I know what's worked for me, again and again - so that's advice I would feel far more certain giving to my 18-year-old self than...
  13. BlueWaterSailor

    What would you tell your 18 year old self about trading/investments?

    You may have lost track here: this advice is supposed to be to your 18-year-old self - not intended for everyone. I would absolutely trust that 18-year-old to use his intuition, and all the other tools I had at that age, to execute well and intelligently on that advice (notice that I even tossed...
  14. BlueWaterSailor

    What would you tell your 18 year old self about trading/investments?

    It's OK, Tom; I've already stated my view on the formal education systems we have in this country, so my lack of concern for the opinion of someone who is so naive as to believe in it wouldn't be of any surprise to you. To put it plainly, you literally don't know what you're talking about. The...
  15. BlueWaterSailor

    What would you tell your 18 year old self about trading/investments?

    Feel free to name an approach that guarantees success. I've learned that some things require risking it all to make out-sized gains. And that learning to be anti-fragile, for a wide range of things ("won't kill you, or cause actual permanent damage" makes a good qualifier), is the highest good...
  16. BlueWaterSailor

    What would you tell your 18 year old self about trading/investments?

    I'm... highly ambivalent about the value of this, progressively more so as time goes on. IME, the most effective learning path is to find out the minimum necessary to learn where the brick walls are, then go get focused, professional training in breaking through them. My "employment" history has...
  17. BlueWaterSailor

    What would you tell your 18 year old self about trading/investments?

    This has turned into "here's how to live right" rather than just a focus on trading - but I don't see any conflict in that, since trading takes... a lot more than just the mechanics. Following suit: 1. Get your head right. If you don't learn to think rationally from the start - and that means...
  18. BlueWaterSailor

    What would you tell your 18 year old self about trading/investments?

    THAT could, and should be expanded to points 2 through 1287. It is literally impossible for anyone starting out to even define what "absolute best" means. I say this as a guy who has spent the majority of his life as a professional educator (outside the stultifying, destructive "education...
  19. BlueWaterSailor

    Funny Trading Stories

    Shweet! (But do see the Shannon–Hartley theorem for why humor, unless heavily denotational, works poorly in text-only communication. :D)
  20. BlueWaterSailor

    Funny Trading Stories

    Why not? Woolly-headed nonsense like astrology has zero rational basis behind it, and traders - successful ones, anyway - are rational people who focus on what the data shows. Selling mystical crap to other people... sure, I guess that's a business model one could follow. I wouldn't find much...
Back
Top